Heading Into Fed Time, Oil and Gold Strength are Anticipating Dovish Minutes
Crude Oil-- Houston, we have ignition! Crude Oil has clawed its way above key multi-month resistance lodged from 53.80 to 55.50, and has accelerated to a new 3 month high at 57.46, so far, in route to my next optimal upside target of 68.75 to 60.50. Only a downside reversal and decline beneath 55.8=65 will compromise the current, promising set up as the Crude Oil price structure emerges from a huge accumulation period... Last is 57.39/40.... The Model Portfolio remains long UCO at 18.94... Last is 20.01/02...